3139 W 111th St | Chicago, IL 60655
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- LoopNet Team
3139 W 111th St
Chicago, IL 60655
Retail Property For Sale
Investment Highlights
- Great Location – Strong demographic area with 150,000 residents within 3 miles and an average VPD of over 15,000
- Medical Office Building – Healthcare properties are heavily sought after for their resistance to recessions and e-commerce
- Low Price/SF – Short term lease and high CAP rate allow an investor to acquire this property at a below market price/SF
- Affluent Area – Average household incomes within 3 miles are over $92,000; About half of them bring home more than $75,000
- Advantageous Return – With a one-year return of 9.00%, this opportunity allows investors to receive an attractive return on their initial investment
- Close Proximity to University – This site is located just 12-miles Southwest of the University of Chicago
Property Facts
Property Type
Retail
Property Subtype
Building Size
6,250 SF
Building Class
C
Year Built/Renovated
1949/2001
Tenancy
Single
Building Height
1 Story
Building FAR
1.00
Lot Size
0.14 AC
Zoning
B4-1, Chicago
Property Taxes
| Parcel Number | 24-24-100-004-0000 | Improvements Assessment | $46,872 |
| Land Assessment | $11,723 | Total Assessment | $58,595 |
Property Taxes
Parcel Number
24-24-100-004-0000
Land Assessment
$11,723
Improvements Assessment
$46,872
Total Assessment
$58,595
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